Type : Bearish Drop Resistance : 32591 Pivot: 31864 Support : 30432
Preferred Case: On the H4, with price breaking the ascending trendline and moving below the ichimoku indicator, ,we have a bearish bias that price will drop from pivot at 31864 where the pullback resistance and 23.6% fibonacci retracement are to 1st support at 30432 where the pullback support and 78.6% fibonacci retracement are.
Alternative scenario: Alternatively, price could break pivot structure and rise to 1st resistance at 32591 in line with pullback resistance, 50% fibonacci retracement and 78.6% fibonacci projection.
Fundamentals: Due to Powell's Hawkish Remarks about monetary policy at the annual Jackson Hole Symposium, we have a bearish view on the Dow Jones Index.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.